Gabellini Sheppard Associates transformed the former Emigrant Industrial Savings Bank in Lower Manhattan into 72 luxury condominium residences, seamlessly blending historic grandeur with modern sophistication. This 1912 Beaux-Arts landmark tower sets a new standard for elegant Tribeca living, offering world-class design and amenities.

The design capitalized on the building's original features, including high ceilings and Raymond F. Almirall's bronze details. The H-shaped floor plan ensures ample natural light in every condominium unit. A new minimalist canopy, adorned in statuary bronze, harmonizes with the distinctive bronze doors featuring lion's heads, welcoming residents into the redesigned lobby that beautifully merges vintage glamour with contemporary design elements.

The residential units boast generously proportioned living spaces with meticulous attention to detail. Museum-quality stone baseboard reveals, integrated recessed lighting, Italian closet systems, quarter-sawn cypress woodwork, and acoustical ceilings ensure privacy and luxury. The custom herringbone pattern of the hardwood flooring and the waterfall edge of the stone kitchen counters showcase exceptional craftsmanship. The master bathrooms, reminiscent of Roman baths, feature honed Ariel White marble, custom-designed double vanities, Apaiser stone tubs, and radiant floor heating. Even the residential corridors receive special treatment with unique ceilings and lighting to mark the entrance of each residence.

The building offers residents exclusive amenity spaces at the base and top, creating private sanctuaries for health and rejuvenation. These thoughtfully designed areas cater to fitness, play, entertainment, and relaxation. The swimming pool area features a vaulted ceiling inspired by the building's historic Banker's Hall, while other highlights include a modern hamam, cardio exercise room, yoga studio, virtual golf room, game room, and multiple entertainment and business lounges. The rooftop level boasts an indoor-outdoor garden with convertible dining areas, offering stunning views of City Hall Park and the Woolworth Building. Restored carved limestone architectural details coexist harmoniously with minimalist and natural elements, such as glass parapets and lush evergreen walls adorned with flowering vines, trees, and shrubs.

The condominium residences and public spaces of 49 Chambers Street embody the careful renewal of a classical New York building from a modern perspective, blending the best of both worlds seamlessly.